“I confirm there has been an ongoing investigation by the financial prosecutor’s office since a few months,” Estanguet said today.
“I don’t have any other comment other than saying my pay was decided in 2018 and I was not in the room when the decision was made.” French media had widely reported the investigation last February, but Paris 2024 organisers had declined to confirm the information, only expressing their “surprise”. In 2018, Paris 2024 said Estanguet was awarded 270 000 euros annual remuneration and Paris 2024 deputy CEO Michael Aloisio said that contrary to media reports no cap was imposed by law.
“We wish to remind people that the Organising Committee President’s remuneration is subject to a strict framework,” a statement released in February by Paris 2024 said. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.